Consolidating or Restructuring Merchant Cash Advances
When daily or weekly debits take more than the business can spare, there are several ways out, and they don't cost the same. Read these pages in this order.
If advance payments are too high, start with a reconciliation request under your current contract, then consolidation, reverse consolidation, and finally settlement or legal help.
Who should read this: Owners carrying one or more advances whose payments now strain cash flow, and anyone helping them sort through the options.
Read these pages in this order
Each page builds on the one before it. Skip ahead if you already know a step.
- When payments are too high: the options in order The full list of options, from the free one to the expensive one, before you commit to any of them.
- Ask for reconciliation first If sales dropped, many contracts let the payment adjust to actual receipts. It costs nothing to ask.
- How consolidation works One new advance pays off the old ones, so you make one payment. The term is longer and the total cost goes up.
- Consolidation through Afterfirst What funders look at for a consolidation file and what an offer usually shows.
- Reverse consolidation Covers your existing payments rather than paying the advances off. When it helps, and when it's a bad idea.
- Can you consolidate while you're behind? What changes when payments have already bounced or been missed.
- How long consolidation takes The steps between applying and the old advances being paid off.
- UCC filings after consolidation What happens to the old liens once the advances are paid.
- Settlement companies: fees and risks Read this before signing with anyone who offers to negotiate your advances down.
Run your own numbers
Use these alongside the reading order. Your numbers stay in your browser.
- Stacked payment calculator Add up what every open advance takes per day and per week.
- Early payoff calculator See what paying an advance off early would cost.
- Consolidation FAQ Short answers on consolidation, renewals and advance debt.
Want a person to look at it with you?
Send one free application, or call 877-FUND-654. A person reviews your file, then we shop it with funders whose programs fit and show you every offer on the same lines. Merchants never pay Afterfirst a fee. You choose one offer, or none.
Questions owners ask
Is consolidation always the right move when payments are too high?
No. Consolidation lowers the payment by stretching the term, and that usually raises the total you repay. A reconciliation request or a renegotiation with your current funder can cost less. Read the options guide before you choose.
What is the difference between consolidation and reverse consolidation?
A consolidation pays the old advances off in one go. A reverse consolidation leaves them in place and sends you money each week to cover their payments while they run down. The reverse consolidation page explains when each one fits.
Does applying through Afterfirst cost anything?
No. Applying costs you nothing, and Afterfirst MCA charges you no fee. The funder pays us a commission when a deal funds. The how-we're-paid page has the details.
Send one file.
See what fits.
Call 877-FUND-654 with questions.